The 2 fittings are definitely for a bogey axle, I have a small slab truck here at home with these fitted.
The whole thing is suggestive of some kind of arrangement to do with a run of flat rods, although in Wales these would be iron rods as can be seen at Llywernog Mining Museum.
Remember that various fittings were all available from stock produced by the various foundries, how this was used was never engraved in stone but basically up to the imagination and ingenuity of the companies that purchased it.
Hence we have some very odd and significant arrangements, examples:
The simultaneous pumping of 2 shafts by a huge water wheel at Wheal Call, with timber flat rods running through a ‘tunnel’
The double angle bob pumping arrangement at Llanrwst Mine, can still be seen today.
The use of a mine truck running on a short stretch of rails as part of the flatrod system at Van Mine, Llanidloes. There are photographs of this in existence.
I would advise that more could be learned by (carefully) turning this artefact over and seeing what attachments there are on the other side.
An alternative possibility is that it maybe ran down an incline as a counterbalance like the arrangement at Rhosyth?
My avatar is a poor likeness.