This article explores the Ricci tensor of slant submanifolds within locally metallic product space forms equipped with a semi-symmetric metric connection (SSMC). Our investigation includes the derivation of the Chen–Ricci inequality and an in-depth analysis of its equality case. More precisely, if the mean curvature vector at a point vanishes, then the equality case of this inequality is achieved by a unit tangent vector at the point if and only if the vector belongs to the normal space. Finally, we have shown that when a point is a totally geodesic point or is totally umbilical with n=2, the equality case of this inequality holds true for all unit tangent vectors at the point, and conversely.