Neil Young releasing Crazy Horse live album and film in February

US singer-songwriter Neil Young promised to start releasing archival material at a much faster rate in 2021, and he's kickstarted the year with a major Crazy Horse-related announcement.

Weeks after the release of the 10-disc set Archives Volume II 1972-1976 and the live album and film Return to Greendale; Young has announced that Way Down in the Rust Bucket - a 1990 Crazy Horse gig - will come out on February 26th as a film and double album.

The show took place November 13th, 1990 in front of 800 fans at the Catalyst in Santa Cruz, California.

The gig occurred two months after the release of Ragged Glory and just prior to his long arena tour with Sonic Youth and Social Distortion.

You can watch a preview video of Country Home on the Neil Young Archives here.

“This show is one of my all-time Crazy Horse favourites,” Young wrote. “More songs will be added here before the official release.”

Way Down in the Rust Bucket is the first in a long list of archival releases that Young is planning for 2021.

There are no release dates at this point, but he’s plotting a third Archive Series box set, the 2019 Promise of the Real live album Noise and Flowers, the '80s rarities collection 'Road of Plenty', and an extensive Bootleg Series that will spotlight now-iconic shows like Carnegie Hall 1970, the Rainbow Theatre 1973, and the Bottom Line 1974.

Young hasn’t released a new album since 2019’s Colorado, but he recently confirmed that new material is on the way.

“I have started a new album,” he wrote in response to a fan letter last month. “It’s solo. I’ve been waiting a long time.”

Young also released a statement on the US Capitol insurrection two days ago, stating that he feels "empathy for the people who have been so manipulated".

"Social media, at the hands of powerful people – influencers, amplifying lies and untruths, is crippling our belief system, turning us against one another," he continues. "We are not enemies. We must find a way home."

View this post on Instagram

A post shared by Neil Young Archives (@neilyoungarchives)