The CGI announcement video reveals a 2013 release for the sequel, which is being developed by Spark Unlimited.
The video features a battle between a soldier and two beasts, followed by a fight between a giant mech and an even bigger monster.
Lost Planet 2 launched in 2010. The previous two releases were both developed in-house by Capcom.
New developers Spark Unlimited have worked on Turning Point: Fall of Liberty, Legendary: The Box and Call of Duty: Finest Hour for the Xbox, PS2 and Gamecube.
The use of the Californian development team is in line with Capcom's strategy of expanding its business overseas.
> Read Digital Spy's Lost Planet 2 review
Watch the Lost Planet Gears of War cameo video below:
Picture gallery - Lost Planet 3 screenshots:
