This will also keep the files original file directory:
@echo off
set src_folder=c:\whatever
set dst_folder=c:\target
set file_list=C:\file_list.txt
for /f "tokens=*" %%i in (%file_list%) DO (
echo f | xcopy /E /C /R /Y "%src_folder%\%%i" "%dst_folder%\%%i"
)