← nathan mayer rothschild

Volex PLC is a UK-listed cable maker.

Companies House number 00158956. London Stock Exchange ticker: VLX.

Nat Rothschild has been a director since 15 October 2015. He is now Executive Chairman and CEO. Source: Companies House officers.

His appointment as Executive Chairman was confirmed by Volex’s own RNS announcement on 16 October 2015. Source: Volex RNS rid=7700709.

What Volex actually makes

Cables. Specifically:

  • Copper interconnect cables — DAC (Direct Attach Copper), ACC (Active Copper Cable), AEC (Active Electrical Cable).
  • Speeds: 400G, 800G and 1.6T.
  • Power cords and cable assemblies for electric vehicles, medical devices, industrial equipment.

The DAC/ACC/AEC cables go inside server racks in data centres. They plug GPUs to GPUs and GPUs to switches. They are the short, thick copper cables that move data between AI chips.

Volex says it sells to AI data centres. In its own words.

From Volex’s own Data Centres page:

“Vertically integrated manufacturing of performance-critical high-speed interconnects and power products for hyperscale, cloud and AI-driven infrastructure.”

Source: volex.com/markets/complex-industrial-technology/data-centres.

From Volex’s FY2025 preliminary results (year ended 30 March 2025):

  • Data-centre revenue: +33% year on year.
  • Data centres now make up 48.3% of Complex Industrial Technology segment revenue.
  • Volex is supplying interconnects to hyperscale operators ramping AI compute.

Source: Volex FY2025 preliminary announcement (PDF).

So this is the connection

The Rothschild family did not mine copper. They financed copper mining and refined copper.

  • Rio Tinto, 1873 — financed by Rothschild-led syndicate.
  • Société Le Nickel (New Caledonia), from 1880 — Rothschild-financed.
  • Royal Mint Refinery in London, 1852–1967 — operated by N M Rothschild & Sons. Archive reference RAL 000/2056. Source: Rothschild Archive — Royal Mint Refinery.

Today, Nat Rothschild runs a company that sells copper cables to the data centres that train AI models.

That is the same metal. A different point in the chain. The family did the upstream (mining, refining) for 150 years. The 2026 vehicle does the downstream (interconnect cables sold to hyperscalers).

Volex group structure

  • VOLEX PLC (00158956) — listed parent. filings
  • VOLEX GROUP HOLDINGS LIMITED (02830102) — UK holding. filings
  • VOLEX (NO.4) LTD (00306945) — UK trading subsidiary. filings

Sources