Much like many other countries on earth do. OPEC even has multiple annual meetings where they all decide to collude on restricting oil supply.
If the rest of the world was truly worried they'd subsidise the industry, as it stands most countries throw away all their rare earths in tailing dams as mining byproduct because it's not worthwhile to extract it.
Study: Substitution strategies for reducing the use of rare earths in wind turbines [1]
>According to our estimations about 23% of the global installed capacity in 2015 is based on wind turbines using [permanent magnet] technology. The remaining 77% are using conventional electromagnets generators based on magnetic steel and copper windings, both of them posing no issues about the security of material supply.
[1] https://www.sciencedirect.com/science/article/pii/S030142071...
Low speed Permanent Magnet PMSG
Low speed Excited Synchronous EESG
Mid to High speed Geared PM PMSG
High speed Geared Induction DFIG
All these types are currently competitive in large wind turbine installations, with high PM content designs getting selected in quite a minority of cases, despite modest efficiency and maintenance bonuses, even at the current top end of generator scale ~8MW.To get beyond 10MW generators advantages of PM are desired but are also lumbered by relative heaviness besides the price of rare earths. Superconducting Magnets do seem like the way upward then, if reliable 'super-cooling' can be achieved.
[*] https://www.sciencedirect.com/science/article/pii/S030142071...