I've never built a keyhole garden persat, but isn't the composting part just a large version of in garden composting?
I think you could use almost any material for the "basket" and it would still work.
A ring of wire fencing would last indefinitely .
An enclosure made of concrete block would last "forever"
I build beds from pallets, 2 feet tall is the norm.
They are not expected to last forever and yet, they do last a long long time.
I end up harvesting them for soil to start new beds long before they fall apart.
Even when I remove the pallets, the contents retain the form because it's filled with roots and mycelium.
I think you can expect the same from any raised bed that has living soil.
If I were to build a keyhole garden, I would use living elderberry stakes woven together with dead grapevines, fill it with autumn leaves and animal poop, and top it with finished compost.
Living elderberry is fairly strong, dead branches are pretty weak.
Dead grape vines take forever to break down.
The elderberry would be there for dappled shade, but also green manure.
Elderberry leaves strip off their branches pretty easily, making the ideal for green manure
They will have to be aggressively pruned, but they will last indefinitely.
Prunings, can be used as stakes to support annuals for a year, then if they grow roots, transplanted out.
Everything I've learned so far indicates elderberries are shallow rooted, but great at holding soil.
Worst case scenario, you create a elderberry thicket, but they do seem easy to manage.
The central compost receptacle would have a half barrel reservoir at the bottom, filled in with sawdust,with rope wicks dangling into the surrounding growing medium.
I would spike that central area with worms and finished compost.
Alternatively, use a full barrel, grow azolla or duck weed, and use them as green manure.
The center pathway and the perimeter can be planted with comfrey for more green manure.