This is My Handle

Completion
The "Tower" object is a Teapot. Exploring the forest, the Teapot is usually found after the 3rd Machete.

Completing the second part of the quest will put the Teapot into your Inventory.

The third part of the quest, attaching the Teapot to the Beacon, takes 3 hours, and will take the Teapot from your Inventory.