The 71-year-old musician had recorded the solo acoustic LP in a single session at Indigo Ranch Studios in Malibu in 1976.
Although most of the 10 songs, which includes the title number, which was a part of Young's 2010 LP 'Le Noise' - eventually released in some format, the album never came out in a wholesome capacity, reported Billboard.
Now, 'Hitchhiker' will be finally out and will feature new post-production from Young's recent collaborator John Hanlon.
The long-lost collection will release on September 8 and will also have previously unreleased songs "Hawaii" and "Give Me Strength" on it.
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