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.
Refer to the input text as context and select the correct relationship between 'Glencore' and 'mining' from the available options.
Options: headquarters location, business division, parent organization, industry