There are significant mesostructural differences between metal composites and traditional homogeneous materials. To study the mesocharacteristics of metal composites during the formation of a shaped charge jet, an early collapse experiment was designed and executed in this study to recover the initially shocked tungsten–copper (W–Cu) liner. The early jet was subjected to microscopic observation and energy dispersive X-ray spectroscopy tests, and the results indicated an uneven distribution of components of the W–Cu materials under explosive loading. To adequately characterize the mesostructure of the metal composites, a three-dimensional (3D) mesodiscrete model generation program was developed based on the random particles' principle. Mesoscale numerical simulations were carried out by using the 3D arbitrary Lagrange–Euler method along with the tracer technique. The results indicate that the average velocity of the Cu phase was higher than that of the W phase and led to a phase segregation and composition gradient in the W–Cu jet during its process of formation.