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.
Utilize the input text as a context reference, choose the right relationship between 'Glencore' and 'mining' from the options.
Options: parent organization, industry, business division, headquarters location