The Alcoa Aluminium Smelter is pictured before sunrise at Point Henry in Geelong, February 25, 2014. Geelong, south of Melbourne, is a microcosm of the economic crossroads at which Australia stands. The steps authorities and industry leaders take here - securing next-generation defence contracts or incubating carbon fibre production - will be closely watched to see if the city becomes Australia's Silicon Valley or its Detroit. Picture taken February 25, 2014. REUTERS/Jason Reed (AUSTRALIA - Tags: BUSINESS SOCIETY ENVIRONMENT)

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The Incitec Pivot company fertilizer and explosive chemical plant is pictured at sunset in Geelong, February 26, 2014. Geelong, south of Melbourne, is a microcosm of the economic crossroads at which Australia stands. The steps authorities and industry leaders take here - securing next-generation defence contracts or incubating carbon fibre production - will be closely watched to see if the city becomes Australia's Silicon Valley or its Detroit. Picture taken February 26, 2014. REUTERS/Jason Reed (AUSTRALIA - Tags: BUSINESS SOCIETY TPX IMAGES OF THE DAY)

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A worker at a beach-front attraction, the Giant Sky Wheel, goes on a break at sunset, in Geelong February 25, 2014. Geelong, south of Melbourne, is a microcosm of the economic crossroads at which Australia stands. The steps authorities and industry leaders take here - securing next-generation defence contracts or incubating carbon fibre production - will be closely watched to see if the city becomes Australia's Silicon Valley or its Detroit. Picture taken February 25, 2014. REUTERS/Jason Reed (AUSTRALIA - Tags: BUSINESS SOCIETY)

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Paddle board instructor Shawn Ward packs up his boards on Geelong's beachfront February 25, 2014. Geelong, south of Melbourne, is a microcosm of the economic crossroads at which Australia stands. The steps authorities and industry leaders take here - securing next-generation defence contracts or incubating carbon fibre production - will be closely watched to see if the city becomes Australia's Silicon Valley or its Detroit. Picture taken February 25, 2014. REUTERS/Jason Reed (AUSTRALIA - Tags: BUSINESS SOCIETY)

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A children's playground ride in the shape of a boat is seen along Geelong's waterfront, February 25, 2014. Geelong, south of Melbourne, is a microcosm of the economic crossroads at which Australia stands. The steps authorities and industry leaders take here - securing next-generation defence contracts or incubating carbon fibre production - will be closely watched to see if the city becomes Australia's Silicon Valley or its Detroit. Picture taken February 25, 2014. REUTERS/Jason Reed (AUSTRALIA - Tags: BUSINESS SOCIETY)

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An arrow road-marking is seen painted on a thoroughfare in Geelong February 25, 2014. Geelong, south of Melbourne, is a microcosm of the economic crossroads at which Australia stands. The steps authorities and industry leaders take here - securing next-generation defence contracts or incubating carbon fibre production - will be closely watched to see if the city becomes Australia's Silicon Valley or its Detroit. Picture taken February 25, 2014. REUTERS/Jason Reed (AUSTRALIA - Tags: BUSINESS SOCIETY)

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A woman walks through the main shopping district in Geelong February 25, 2014. Geelong, south of Melbourne, is a microcosm of the economic crossroads at which Australia stands. The steps authorities and industry leaders take here - securing next-generation defence contracts or incubating carbon fibre production - will be closely watched to see if the city becomes Australia's Silicon Valley or its Detroit. Picture taken February 25, 2014. REUTERS/Jason Reed (AUSTRALIA - Tags: BUSINESS SOCIETY)

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A gate blocks an entrance to a shopping mall car park in Geelong February 25, 2014. Geelong, south of Melbourne, is a microcosm of the economic crossroads at which Australia stands. The steps authorities and industry leaders take here - securing next-generation defence contracts or incubating carbon fibre production - will be closely watched to see if the city becomes Australia's Silicon Valley or its Detroit. Picture taken February 25, 2014. REUTERS/Jason Reed (AUSTRALIA - Tags: BUSINESS SOCIETY)

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The Ritz Flats, part of an abandoned pub, stand in the main shopping area of Geelong February 25, 2014. Geelong, south of Melbourne, is a microcosm of the economic crossroads at which Australia stands. The steps authorities and industry leaders take here - securing next-generation defence contracts or incubating carbon fibre production - will be closely watched to see if the city becomes Australia's Silicon Valley or its Detroit. Picture taken February 25, 2014. REUTERS/Jason Reed (AUSTRALIA - Tags: BUSINESS SOCIETY)

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Unopened mail lays on the floor of an abandoned pub in Geelong, February 26, 2014. Geelong, south of Melbourne, is a microcosm of the economic crossroads at which Australia stands. The steps authorities and industry leaders take here - securing next-generation defence contracts or incubating carbon fibre production - will be closely watched to see if the city becomes Australia's Silicon Valley or its Detroit. Picture taken February 26, 2014. REUTERS/Jason Reed (AUSTRALIA - Tags: BUSINESS SOCIETY)

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A member of the Shell Club, a sports and social venue, plays at a pool table near the Shell Oil refinery in Geelong February 26, 2014. Geelong, south of Melbourne, is a microcosm of the economic crossroads at which Australia stands. The steps authorities and industry leaders take here - securing next-generation defence contracts or incubating carbon fibre production - will be closely watched to see if the city becomes Australia's Silicon Valley or its Detroit. Picture taken February 26, 2014. REUTERS/Jason Reed (AUSTRALIA - Tags: BUSINESS SOCIETY)

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A visitor to the Shell Club, a sports and social venue, plays a slot machine near the Shell Oil refinery in Geelong February 26, 2014. Geelong, south of Melbourne, is a microcosm of the economic crossroads at which Australia stands. The steps authorities and industry leaders take here - securing next-generation defence contracts or incubating carbon fibre production - will be closely watched to see if the city becomes Australia's Silicon Valley or its Detroit. Picture taken February 26, 2014. REUTERS/Jason Reed (AUSTRALIA - Tags: BUSINESS SOCIETY)

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A customer is seen through the window of a pub in Geelong February 25, 2014. Geelong, south of Melbourne, is a microcosm of the economic crossroads at which Australia stands. The steps authorities and industry leaders take here - securing next-generation defence contracts or incubating carbon fibre production - will be closely watched to see if the city becomes Australia's Silicon Valley or its Detroit. Picture taken February 25, 2014. REUTERS/Jason Reed (AUSTRALIA - Tags: BUSINESS SOCIETY)

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Newly elected Geelong Mayor, Darryn Lyons poses for a photograph in his mayoral robes in the living room of his home in Geelong February 27, 2014. Geelong, south of Melbourne, is a microcosm of the economic crossroads at which Australia stands. The steps authorities and industry leaders take here - securing next-generation defence contracts or incubating carbon fibre production - will be closely watched to see if the city becomes Australia's Silicon Valley or its Detroit. Picture taken February 27, 2014. REUTERS/Jason Reed (AUSTRALIA - Tags: BUSINESS SOCIETY POLITICS TPX IMAGES OF THE DAY)

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Alcoa aluminium smelter worker Ian Heinrich, 51, poses for a photograph with his wife Wayan and daughters Jessica, 4, and Jayla, 3 months, in suburban Geelong February 26, 2014. Heinrich will lose his job when Alcoa shut their plant in nearby Point Henry. Geelong, south of Melbourne, is a microcosm of the economic crossroads at which Australia stands. The steps authorities and industry leaders take here - securing next-generation defence contracts or incubating carbon fibre production - will be closely watched to see if the city becomes Australia's Silicon Valley or its Detroit. Picture taken February 26, 2014. REUTERS/Jason Reed (AUSTRALIA - Tags: BUSINESS SOCIETY)

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Alcoa company worker Damian Young carries his son Miller, 2, during an interview with Reuters in Geelong February 25, 2014. Young will lose his job when Alcoa's Point Henry aluminium smelter closes. Geelong, south of Melbourne, is a microcosm of the economic crossroads at which Australia stands. The steps authorities and industry leaders take here - securing next-generation defence contracts or incubating carbon fibre production - will be closely watched to see if the city becomes Australia's Silicon Valley or its Detroit. Picture taken February 25, 2014. REUTERS/Jason Reed (AUSTRALIA - Tags: BUSINESS SOCIETY)

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A suburban street is seen in Geelong February 24, 2014. Geelong, south of Melbourne, is a microcosm of the economic crossroads at which Australia stands. The steps authorities and industry leaders take here - securing next-generation defence contracts or incubating carbon fibre production - will be closely watched to see if the city becomes Australia's Silicon Valley or its Detroit. Picture taken February 24, 2014. REUTERS/Jason Reed (AUSTRALIA - Tags: BUSINESS SOCIETY)

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The road leading to the Shell Oil Refinery is seen at sunset in Geelong February 26, 2014. Geelong, south of Melbourne, is a microcosm of the economic crossroads at which Australia stands. The steps authorities and industry leaders take here - securing next-generation defence contracts or incubating carbon fibre production - will be closely watched to see if the city becomes Australia's Silicon Valley or its Detroit. Picture taken February 26, 2014. REUTERS/Jason Reed (AUSTRALIA - Tags: BUSINESS SOCIETY)

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Alcoa aluminium smelter worker Adam Oates, 42, is pictured at his workplace in Point Henry, Geelong February 27, 2014. Oates will lose his job when Alcoa shut the plant. Geelong, south of Melbourne, is a microcosm of the economic crossroads at which Australia stands. The steps authorities and industry leaders take here - securing next-generation defence contracts or incubating carbon fibre production - will be closely watched to see if the city becomes Australia's Silicon Valley or its Detroit. Picture taken February 27, 2014. REUTERS/Jason Reed (AUSTRALIA - Tags: BUSINESS SOCIETY)

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The Alcoa aluminium smelter is seen at Point Henry in Geelong February 24, 2014. Geelong, south of Melbourne, is a microcosm of the economic crossroads at which Australia stands. The steps authorities and industry leaders take here - securing next-generation defence contracts or incubating carbon fibre production - will be closely watched to see if the city becomes Australia's Silicon Valley or its Detroit. Picture taken February 24, 2014. REUTERS/Jason Reed (AUSTRALIA - Tags: BUSINESS SOCIETY)

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The Incitec Pivot fertilizer and explosive chemical plant is seen at sunset in Geelong February 26, 2014. Geelong, south of Melbourne, is a microcosm of the economic crossroads at which Australia stands. The steps authorities and industry leaders take here - securing next-generation defence contracts or incubating carbon fibre production - will be closely watched to see if the city becomes Australia's Silicon Valley or its Detroit. Picture taken February 26, 2014. REUTERS/Jason Reed (AUSTRALIA - Tags: BUSINESS SOCIETY)

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A truck driver waits to load his vehicle outside the Incitec Pivot fertilizer and explosive chemical plant in Geelong,February 26, 2014. Geelong, south of Melbourne, is a microcosm of the economic crossroads at which Australia stands. The steps authorities and industry leaders take here - securing next-generation defence contracts or incubating carbon fibre production - will be closely watched to see if the city becomes Australia's Silicon Valley or its Detroit. Picture taken February 26, 2014. REUTERS/Jason Reed (AUSTRALIA - Tags: BUSINESS SOCIETY)

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The old OneSteel wire mill is seen at sunset in Geelong February 26, 2014. Geelong, south of Melbourne, is a microcosm of the economic crossroads at which Australia stands. The steps authorities and industry leaders take here - securing next-generation defence contracts or incubating carbon fibre production - will be closely watched to see if the city becomes Australia's Silicon Valley or its Detroit. Picture taken February 26, 2014. REUTERS/Jason Reed (AUSTRALIA - Tags: BUSINESS SOCIETY)

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A shift worker at the Alcoa aluminium smelter leaves the plant during a 12-hour shift change before sunrise at Point Henry in Geelong February 27, 2014. Geelong, south of Melbourne, is a microcosm of the economic crossroads at which Australia stands. The steps authorities and industry leaders take here - securing next-generation defence contracts or incubating carbon fibre production - will be closely watched to see if the city becomes Australia's Silicon Valley or its Detroit. Picture taken February 27, 2014. REUTERS/Jason Reed (AUSTRALIA - Tags: BUSINESS SOCIETY)

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A shift worker at the Alcoa aluminium smelter leaves the plant during a 12-hour shift change before sunrise at Point Henry in Geelong February 25, 2014. Geelong, south of Melbourne, is a microcosm of the economic crossroads at which Australia stands. The steps authorities and industry leaders take here - securing next-generation defence contracts or incubating carbon fibre production - will be closely watched to see if the city becomes Australia's Silicon Valley or its Detroit. Picture taken February 25, 2014. REUTERS/Jason Reed (AUSTRALIA - Tags: BUSINESS SOCIETY)

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A combination picture shows residential properties advertised for sale in the suburban neighbourhoods of Geelong between February 24 and February 27, 2014. Geelong, south of Melbourne, is a microcosm of the economic crossroads at which Australia stands. The steps authorities and industry leaders take here - securing next-generation defence contracts or incubating carbon fibre production - will be closely watched to see if the city becomes Australia's Silicon Valley or its Detroit. Picture taken between February 24 and February 27, 2014. REUTERS/Jason Reed (AUSTRALIA - Tags: BUSINESS SOCIETY)

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