Typically, a grounding point would be a copper-coated iron rod (about 5 or more feet in length) sunk into the ground with about 6 to 10 inches exposed, then a grounding clamp would be torqued into place and the ground wire (usually a heavy gauge) would be routed to it.
In the case of a coaxial cable, like for a transmitter (or similar equipment), the ground cable is routed from the poly-phaser (between TX equipment and antenna) to a separate ground rod.
In looking at that clamp, it could be used as a ground clamp, although the "shaft" does not have a threaded lug to accept a crimped eyelet. It looks almost square in places, which is kind of odd...