How many employees work at Minelco AB?

LKAB Minerals AB has approximately 570 total employees worldwide as of March 2026, according to Revelio Labs workforce intelligence data. Minelco AB’s total headcount has grown 15.3% from 494 employees in 2023 to 570 in 2026.

Data source: Revelio LabsCoverage: Global workforce, 2023–2026Published August 2026

Is Minelco AB hiring right now?

No, Minelco AB is not actively hiring. Minelco AB had 0 active job postings in 2026, a 0.0% no change from 2025 — see job openings & hiring trends.

About Minelco AB’s Workforce

LKAB Minerals AB is a Materials Manufacturing company that employs 570 people worldwide as of March 2026. It is the 11th-largest by headcount among its peers. Founded in 1982, the company is headquartered in Lulea, Sweden.

Minelco AB's workforce has grown 15.3% from 2023 to 2026, up 0.9% year over year in 2026. Its workforce is concentrated most in Northern Europe (83.2%), followed by Western Europe (10.1%) and East Asia (2.4%).

Minelco AB's functional groups are Finance and Operations (42.2%), Engineering (37.6%), and Sales and Marketing (20.1%), with Engineering growing fastest (up 5.9%). The average salary is $73,574, ranging from a median of $87,000 in North America to $64,000 in Northern Europe, down 2.3% year over year in 2026.

Minelco AB's hiring activity held steady in 2026. Overall employee sentiment is neutral and broadly stable.

Sourced from Revelio Labs workforce data.

Headquarters
Lulea, Sweden
Founded
1982
Industry
Materials Manufacturing
Employees
570
YoY
+0.9% (+39)

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Minelco AB Annual Employee Count (2023-2026)

Interactive chart of Minelco AB annual worldwide employee count from 2023 to 2026.
  • Minelco AB had 570 employees in 2026, a 0.9% increase (+39) from 2025.
  • Minelco AB had 555 employees in 2025, a 1.0% increase (+38) from 2024.
  • Minelco AB had 517 employees in 2024, a 0.5% increase (+12) from 2023.
  • Minelco AB had 505 employees in 2023, a 0.1% decline (+24) from 2022.

Minelco AB's total workforce has grown from 494 employees in 2023 to 570 in 2026.

LKAB Minerals AB quarterly employee count

YearQtrEmployeesYoY ChangeYoY %
2026Q1570+39+0.9%
2025Q4555+38+1.0%
2025Q3537+12+0.2%
2025Q2535+32+2.8%
2025Q1531+24+1.3%
2024Q4517+12+0.5%
2024Q3525+18-1.1%
2024Q2503+9-1.9%
2024Q1507+11-1.3%
2023Q4505+24-0.1%
2023Q3507+33+2.1%
2023Q2494+21+1.1%

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Minelco AB Employee Count by Region (2026)

Northern Europe accounts for the largest share of Minelco AB's global workforce with approximately 83% of total employees, followed by Western Europe and East Asia.

Minelco AB employees by region

RegionEmployees% of Total
Northern Europe46983.2%
Western Europe5710.1%
East Asia142.4%
North America91.6%
Southern Europe81.5%
Central and Western Asia50.8%
Pacific Islands20.4%

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Minelco AB Employee Count by Department (2026)

Minelco AB's employee groups are Finance and Operations (42.2%), Engineering (37.6%), and Sales and Marketing (20.1%).

Minelco AB employees by department

DepartmentEmployees% of Total
Finance and Operations24142.2%
Engineering21437.6%
Sales and Marketing11520.1%

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Minelco AB Employee Salary by Region (2026)

Minelco AB's average employee salary is $73,574 globally. Employees in North America receive the highest compensation, with median pay approximately 1.2x the global average. Pay is lowest in Northern Europe, at a median of $64,000.

Minelco AB median employee salary by region (USD)

RegionMedian Salary
North America$87,000
Western Europe$82,000
East Asia$76,000
Northern Europe$64,000

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Minelco AB Job Openings and Hiring Trends (2023-2026)

Interactive chart of Minelco AB annual active job postings from 2023 to 2026.
  • Minelco AB had 0 active job postings in 2026, a 0% no change (-1) from 2025.
  • Minelco AB had 1 active job postings in 2025, a 66.7% decline (-1) from 2024.
  • Minelco AB had 2 active job postings in 2024, a 133.3% decline (-8) from 2023.
  • Minelco AB had 10 active job postings in 2023, a 107.7% increase from 2022.
  • Hiring velocity in 2026: 0 new roles/month, down from 2 in 2025 and 5 in 2024.

Minelco AB's hiring activity held steady in 2026.

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Minelco AB Employee Sentiment (2026)

Revelio Labs tracks employee sentiment across Minelco AB's workforce based on public professional data. Overall sentiment is neutral and has held steady year over year in 2026.

Overall

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Frequently Asked Questions About Minelco AB

How fast is Minelco AB growing?
In 2026, Minelco AB's headcount grew 0.9% to 570 employees, up from 531 in 2025.
See the full headcount history
Where are Minelco AB employees located?
Most Minelco AB employees are based in Northern Europe (83.2% of headcount), followed by Western Europe and East Asia.
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What is the average salary at Minelco AB?
The average employee salary at Minelco AB is approximately $73.6k per year.
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How many new job postings does Minelco AB open per year?
In Q1 2026, Minelco AB opened 0 new job postings. In 2025, Minelco AB opened 22 new job postings — about 2 per month.
Track hiring trends by role
When was Minelco AB founded and where is it headquartered?
Minelco AB was founded in 1982 and is headquartered in Lulea, Sweden.
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