Mr Nicholson said the import data pointed to a notable drop in iron ore volumes, which loomed over the mining sector, but mining stocks took their positive leads from London, with resources higher on news that Glencore planned to cut dividends, raise $US2.5 billion in capital and consider asset sales to cut its £30 billion ($66 billion) debt by a third.
Analyze the relationship between 'Glencore' and 'mining' within the context of the input sentence.
Options: parent organization, business division, headquarters location, industry