Manganese Bronze Holdings was reported that Geely would increase its shareholding in Manganese to 51% through participation in a placing of new shares. In August 2010 it was announced that Geely had decided not to proceed with the share placement and its shareholding in Manganeze would remain at just under 20%. In November 2010, LTI changed their trading name to "The London Taxi Company" to reflect the company's core business. Manganese entered administration on 22 October 2012 after failing to secure additional funding; PricewaterhouseCoopers (PwC) were appointed as the administrator. On 31 October PwC announced that 156 Manganese staff in the UK were
SS Manganese was sold to the Sinai Manganese Co, Egypt and was renamed "Manganese". The ship was deleted from Lloyd's Register in 1993. SS Manganese Manganese was a coaster that was built in 1925 by Norderwerft AG, Hamburg, Germany as Wiedau for German owners. She was seized by the Allies in May 1945, passed to the Ministry of War Transport (MoWT) and was renamed Empire Contract. Later that year, she was transferred to Greece and renamed "Herakleion". She was sold into merchant service in 1948 and renamed Laconia. In 1965, she was sold to Egypt and renamed "Manganese". The ship was deleted