Hay Wiki folk it has been confirmed in an IGN intervew that there will NOT be Slag in Borderlands: The Pre-Sequel! this is for continuity reasons as Handsom Jack has yet to create Slag through Eridium refinary.

Now Pandora's Moon, Elpis, introduces the new element Cryo in its place (apparently there is a large amount of liquad mifane produced by the moon) and from what i have seen it makes the low gravity combat that much cooler, I watched a Scavenger (Moon Bandit) get frozen solid then smashed into peices all before said pieces drifted off.

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