Sadly, this is the first we've heard of From Dust, the next title from Another World / Out of this World creator Eric Chahi, but now's a good a time as any to be acquainted, as publisher Ubisoft has just released the game's first tech demonstration video.
Sidenote: if you're wondering how Ubisoft can publish Just Dance and From Dust, we don't know either.
Aesthetically, the game reminds of Zeno Clash somewhat. The focus here is on nature, as the nice lady will tell you.
Tragically, it's not coming to PC, despite being a perfect fit as a "god game" -- only to Xbox LIVE and PlayStation Network next year.