Utilize the input text as a context reference, choose the right relationship between Glencore and mining from the options. Options: product/material produced, manufacturer, distributed by, industry, position held, original broadcaster, owned by, founded by, distribution format, headquarters location, stock exchange, currency, parent organization, chief executive officer, director/manager, owner of, operator, member of, employer, chairperson, platform, subsidiary, legal form, publisher, developer, brand, business division, location of formation, creator.

This is all the more surprising, given that many mining groups, most notably Glencore , have seen their betas increase.

Answer: industry