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.
What is the relationship between 'Glencore' and 'mining' in the context of the input sentence.
Options: industry, headquarters location, business division, parent organization