** Shares of graphite and battery anode company Syrah Resources SYR.AX rise as much as 18.2% to A$0.260, their biggest intraday gain since Oct. 25
** Graphite producer Renascor Resources RNU.AX also rises as much as 6.6%
** Chinese Commerce Ministry directive on dual-use items requires stricter review of end-usage for graphite items shipped to the U.S.
** China also banned exports to the U.S. of critical minerals gallium, germanium and antimony that have widespread military applications
** Renascor operates the Siviour battery anode materials project in South Australia, while Syrah has its flagship Balama graphite operations in Mozambique
** RNU down 53.1% and SYR down 65.2% YTD, respectively, as of last close
(Reporting by Himanshi Akhand in Bengaluru)
((Himanshi.Akhand@thomsonreuters.com;))
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