How many employees work at Minelco AB?

LKAB Minerals AB has approximately 534 total employees worldwide as of March 2026, according to Revelio Labs workforce intelligence data. Minelco AB’s total headcount has grown 12.4% from 475 employees in 2023 to 534 in 2026.

Data source: Revelio LabsCoverage: Global workforce, 20232026Published 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 534 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 12.4% from 2023 to 2026, up 0.9% year over year in 2026. Its workforce is concentrated most in Northern Europe (81.2%), followed by Western Europe (10.0%) and Southern Europe (2.3%).

Minelco AB's functional groups are Finance and Operations (41.8%), Engineering (38.7%), and Sales and Marketing (19.5%), with Sales and Marketing growing fastest (up 5.4%). The average salary is $71,053, ranging from a median of $94,000 in North America to $23,000 in Southern Europe, down 1.9% 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
534
YoY
+0.9% (+31)

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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 534 employees in 2026, a 0.9% increase (+31) from 2025.
  • Minelco AB had 523 employees in 2025, a 1.1% increase (+32) from 2024.
  • Minelco AB had 491 employees in 2024, a 0.3% increase (+9) from 2023.
  • Minelco AB had 482 employees in 2023, a 0.3% decline (+17) from 2022.

Minelco AB's total workforce has grown from 475 employees in 2023 to 534 in 2026.

LKAB Minerals AB quarterly employee count

YearQtrEmployeesYoY ChangeYoY %
2026Q1534+31+0.9%
2025Q4523+32+1.1%
2025Q3508+11+0.5%
2025Q2508+26+2.6%
2025Q1503+18+0.9%
2024Q4491+9+0.3%
2024Q3497+12-1.1%
2024Q2482+7-1.6%
2024Q1485+9-1.0%
2023Q4482+17-0.3%
2023Q3485+23+1.2%
2023Q2475+14+0.4%

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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 81% of total employees, followed by Western Europe and Southern Europe.

Minelco AB employees by region

RegionEmployees% of Total
Northern Europe42981.2%
Western Europe5310.0%
Southern Europe122.3%
North America122.2%
East Asia102.0%
Central and Western Asia61.1%
South Asia30.6%
Pacific Islands30.6%

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Minelco AB Employee Count by Department (2026)

Minelco AB's employee groups are Finance and Operations (41.8%), Engineering (38.7%), and Sales and Marketing (19.5%).

Minelco AB employees by department

DepartmentEmployees% of Total
Finance and Operations21641.8%
Engineering20038.7%
Sales and Marketing10119.5%

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Minelco AB Employee Salary by Region (2026)

Minelco AB's average employee salary is $71,053 globally. Employees in North America receive the highest compensation, with median pay approximately 1.3x the global average. Pay is lowest in Southern Europe, at a median of $23,000.

Minelco AB median employee salary by region (USD)

RegionMedian Salary
North America$94,000
East Asia$75,000
Northern Europe$63,000
Western Europe$56,000
Southern Europe$23,000

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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 534 employees, up from 503 in 2025.
See the full headcount history
Where are Minelco AB employees located?
Most Minelco AB employees are based in Northern Europe (81.2% of headcount), followed by Western Europe and Southern Europe.
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What is the average salary at Minelco AB?
The average employee salary at Minelco AB is approximately $71.1k 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.
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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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