Investment gives Assore International a 14.99% non-diluted stake in the Canadian copper company, which owns the namesake project in Chile.
Chile's financial regulator had allowed a planned lithium joint venture between SQM and Codelco to proceed without a vote by SQM shareholders.
Apolo is seen as critical for reviving the company’s iron ore capacity in Minas Gerais.
Streaming deal will help SolGold finance feasibility studies, secure permits and later begin construction of the Cascabel copper-gold mine.