Lost Planet 3 introduces Jim Peyton, a Utility Rig pilot who leaves Earth to take on a hazardous but lucrative contract on E.D.N. III. Working for Neo-Venus Construction (NEVEC), Jim is one of a select few pioneers at the Coronis base surveying the uncharted terrain and obtaining samples of the planet’s natural energy source – Thermal Energy, which NEVEC believes will save Earth’s energy crisis. As the months pass, it becomes apparent that things are not as they seem on E.D.N. III. Who is the mysterious figure that seems to be tracking Jim’s every move? What is NEVEC base chief Braddock hiding and can Dr Roman help Jim uncover the truth before it’s too late?

The title delivers a mix of action both inside and outside of Jim’s utility rig vehicle. Acting as a home away from home and offering protection from the ever changing climate, Jim soon discovers the utility rig’s array of tools are just as useful at taking out Akrid in the rig’s first person perspective as they are at helping him fulfill his contract work. Outside the rig the action switches to third person with Jim at the mercy of the elements. He’ll need to battle against hostile enemies with a mix of gun and melee based combat whilst surviving all that is thrown at him.

Lost Planet 3 developer Spark Unlimited, also known for such titles as Call of Duty: Finest Hour, Legendary, Turning Point and Yaiba Ninja Gaiden Z, has been shut down according to the studio's twitter account:

"Elvis has left the building. Good night and drive safe."