Several years have passed since the original Torchlight where the trio – Alchemist, Vanquisher and Destroyer defeated Ordrak, an ancient dragon that corrupted the lands.

Things do not end there because the Alchemist is infected by the ember blight and obsessed with the powers of the Ember. He steals Ordrak's heart, destroys the town of Torchlight and starts draining magical powers from the Elemental Guardians. A new hero must now rise but will he be powerful enough to go against the mighty Alchemist?