Neil Young and Crazy Horse are to release their second album of this year.

Following the covers LP โ€˜Americanaโ€™ โ€“ which came out in June โ€“ Young and his band will put out โ€˜Psychedelic Pillโ€™ in October.

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The record is Youngโ€™s first album of all new material with Crazy Horse since 2003 and will feature the full Crazy Horse line-up of Billy Talbot, Ralph Molina and Frank Sampedro.

The Neil Young Times states that the album was recorded straight after the band finished their โ€˜Americanaโ€™ sessions at the Audio Casa Blanca studios.

The album will be available on double CD and triple vinyl and full length videos for each of the LPโ€™s tracks will be previewed online.

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After playing a number of Stateside shows earlier this month, Neil Young and Crazy Horse will head off on a full tour in the US and Canada in October and November, including an appearance at the Austin City Limits festival. As of yet, no plans for a UK or European tour have been announced.