Hi

It would not be that difficult to turn something up from 12mm steel plate
2 thicknesses should do.

I have always been told not to try to weld cast
iron although I have a couple of times with reasonable results. Those weights I was looking at with the steel sleeve might be OK
Could weld only to the steel sleeve.
You are supposed to preheat cast iron I think

I don't think there is much of a safety issue
If the weld breaks the weight will just fall on the ground

I had blade disc fall off when I broke the end of the crankshaft off

It just fell on the ground . I didn't even notice until it appeared out the back of the mower


Jeff