Do the tools lock in place when opened?

No they do not lock. There is a detent that helps hold them open but no lock mechanism.

does it have a hole to be able to put it on a keychain?

No it does not. That said, it's kind of big for a keychain in my opinion.

Is it possible to temporarily remove the knife blade for later reinstall when gifting to a younger child?

I have never done it but I would think so. The blade is very small. I put them in survival kits I make for a survival class I teach to in elementary schools.

ASIN	B087748K2V
Brand	Grand Way
Brand Name	Grand Way
Color	Color 1
Colour	Color 1
Customer Reviews	4.4 out of 5 stars 1,113 Reviews
Drive System	Centre Drive
Folded Size	1.38 inches (l) x 2E-1 inches (w) x 1E+1 inches (h)
Included Components	spring pliers, wire cutter and wire stripper, folding blade knife, serrated edge, bottle opener, metal file, screwdrivers, serrated chisel tooth saw, cutting blade
Included components	spring pliers, wire cutter and wire stripper, folding blade knife, serrated edge, bottle opener, metal file, screwdrivers, serrated chisel tooth saw, cutting blade Included components spring pliers, wire cutter and wire stripper, folding blade knife, serrated edge, bottle opener, metal file, screwdrivers, serrated chisel tooth saw, cutting blade See more
Item Dimensions	10 x 3.5 x 2 centimeters
Item Weight	100 Grams
Item dimensions L x W x H	10 x 3.5 x 2 centimeters
Item weight	100 Grams
Manufacturer	Grand Way
Manufacturer Part Number	2229
Material	Alloy Steel, Aluminum, Leather, Nylon
Material Type	Alloy Steel, Aluminum, Leather, Nylon
Model Number	2229
Number of Pieces	1
UPC	649823939656

Grand Way Mini Utility Multitool with Knife and Pliers - Best Small Multi Purpose Tool with All in One Tool Set - Everyday Universal Knife for Camping, Survival and Outdoor Activities 2229

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