Handaxes are usually made from river cobbles or large flint nodules.
Cleavers on the other hand, at least in my area, are made from a single very large flake.
River cobbles are used because these have already been bashed and battered many times and from all different angles when traveling downriver. In that process only the strongest most competent rocks withstand the beating and are therefore most suitable for tool making.
In this case however, these were likely used just like a handaxe for butchery etc. The shape is simply the result of the manufacture process.
These are not manufactured from a rounded cobble but from the jutting up edge of a slab of outcropping rock.
The deep maroon colour of the rock is due to the high iron content. This is iron that was precipitated and mingled with sand in a delta 2 billion years ago and that was later solidified into an iron rich quartzite.